Theres some interesting things in the Options Market that could keep the market down for a bit of time. I do think people are underestimating, a, youve got a good economy with a tremendous amount of stimulus coming in and i think that will continue to drive the market higher. Plus youve got a dynamic where the fed has made much of the fixed income market on investable with treasury and mortgages where they are today, when you take the earnings yield well into the 4 off next years earnings that is a pretty attractive asset class and i think it will propel the market higher so election uncertainty doesnt matter much in the near term stimulus talks, negotiations may not. How does that factor in . Its a big call that you make. Youre the one that suggests in our notes today that it mossably could happen or at least start before the election. Yeah. I mean, so listen, the election the election does matter i think what people have started to realize, since the last time i was on your show weve
Virtual intelligence with francine as we drive to the worlds challenges coming out of the imf. What is amazing to me today, just one observation, it is incredible in the major media on a monday morning, 22 days into the election, how joe bidens schedule, how his policies are buried. It is 100 trump, top to bottom, in the zeitgeist. You wonder how Vice President biden manages that in ohio over the next 24 hours. Francine i remember at the all hasg, telling us it to do with a referendum on President Trump. Tom never seen it. Francine turnout on november 3. Plenty more on that. Lets get to first word news with Corinna Mitchell. Corinna President Trump and nancy pelosi are blaming each other. Republicans are having a hard time with pelosi. Pelosi called the offer grossly inadequate. The two sides are about 400 billion apart. Even if there is an agreement, is not certain republicans would approve. Neel kashkari warns it needs stimulus. The economic recovery has flattened out. He says we wil
30th anniversary of germanys retreat. To 30 w. The people of the world for g. W. On facebook and twitter up to date and in touch. In. Taiwan tells china to back off a major growing military tension in the Taiwan Strait whats this conflict mean for the time when his economy and the Global Supply of computer chips its all to authors on that in taipei to find out more. Also coming up delivery euro wants to make it big in south korea but sols restaurants are not exactly waiting for the. And delivers that. Element to get jones and this is the business good to have you with us tensions between china and taiwan are heating up china claims sovereignty of the small island and the stepped up military activities in the air and waters around it taiwan is determined to resist the pressure and demands china back off the saber rattling also has economic implications taiwan is a major source of computer chips for the global economy. The world would grind to a halt without taiwans computer chips theyre
Cheaper and better electric cars within 3 years thanks to a more efficient battery technology. And to devastating wildfires along the west coast threaten this years wine harvest. Hello im monica jones and this is your business good to have you with us tensions between china and taiwan heating up china has stepped up military activities while taiwan demands china back off of the saber rattling has economic implications taiwan is a major source of computer chips for the global economy. The world would grind to a halt without taiwans computer chips or inside t. V. Smart phones computers the globes producers rely on the small island Electronic Component supplies most deliveries go to china which regards taiwan as a breakaway province under its one china policy but recently tensions in taiwan. It had reached heights not seen in years. On tuesday the islands president saying when inspected an air force base a clear message addressed to beijing. Was about marriage we have to deal with the pro
With you. Really . The judge how are you . Are you said what have you got . Do you have like chambers there or like, what are you equipped to do if push comes to shove today. You have what do you have at home what have you got. And report on what we report on. Am i the only one. I filled in i filled in recently for a full week and they didnt play the theme music a single time. Hopefully they can make up for it today we didnt hear about it we started having fun. We nip that in the bud pretty quickly. Oh, this is you. Im sorry this is you. So you got that going. Im glad i got up this morning. Lets take a look at equity futures. We try to get a new record on the s p 500. Well see what we can get over the top there. Treasury yields on the rise as of late. 25 last week alone. Theres the ten year not doing too much not all that long ago. We have seen rates starting there and stocks have been on the move well see that new record on the s p this morning. The amount of money were sprinting, i d